Just a few hours ago, I was completely unable to login to my blog. This same blog you’re currently reading at the moment. I had re-installed my browser and all saved passwords were gone. All cache and cookies were cleared, and all the data I had in my history were gone. But that wasn’t the sad fact, it was much more painful that I could not gain access into my blog.
Now think about such scenery, a blog is just a simple entity, there are hundreds of other details that help me manage my data online, how easily accessible are those details to me?
According to recent statistics, the amount of data that is generated on a daily basis is far greater than the amount of data that was being generated for wholesome years in the past.
Remember that saying about the internet never being able to forget? Remember all that information about companies having massive storage rooms, so much that most firms are now relying on cloud storage?
There’s so much information all around right now, such that if we are not careful, we may lose it all just because we cannot remember the security credentials with which these data were stored.
What’s worse? Most well know security firms and so called password protecting firms that promise to keep our data safe are relying on centralized systems.
At first, we all seemed to love the idea of a centralized system, with the ease of having everything mumbled up into one database, nevertheless, is this widespread model being applied by software developers the best? Is it really what we need especially if we have to consider how volatile most systems are these days?
Now take a minute to think about this, what will happen if a centralized system is hacked? What happens when there are vulnerabilities in this single pointed system?
The outcome is clear, everything gets leaked and everyone gets compromised.
Despite the fact that we want to store all our passwords in locations that are easily accessible to us, you will also agree that our top priority is the security of these passwords and the assurance that our data will not be breached or compromised.
This is why the future way of protecting our data and passwords is an unwavering reliance in the DIW infrastructure.
The Digital identification Wallet is an out of the box revolutionary methodology that applies the use of decentralized infrastructure.
In simpler terms, DIW helps people who are registered to create a very secure online identification profile.
The secure profile will give the users the opportunity to preserve data, gain access to data, and even exchange data in a highly secure decentralized system.
Some of the major advantages of the DIW infrastructure is that it is very efficient and very cost friendly. It grants the user a single access to an unlimited doorwar. The benefits are monumental, and all the user needs to do is just create an account.
Some of the major areas of interest that the DIW has successfully tacked include
The Application Of a very secure Digital Vault
An Easy Payment Gateway For Both Cryptocurrency and FIAT Currency
An Unlimited DIW Directory
A Reliable Paid Escrow
For the sustenability of the DIW Ecosystem, the Ecosystem will be made up of 1 Billion DIW tokens, the tokens will be identified and referred to as a DIW.
According to experts, the value of the tokens will be influenced by the storage space issued out to holders, the smart contract based escrow, the use of the check out platform and the demand and supply of the currency.
Over 70% of the DIW will be issued out at the ICO while 8% is reserved for future partners.
For more information, please visit any of the links below:
Announcement Thread: https://bitcointalk.org/index.php?topic=2567416
Facebook Page: https://www.facebook.com/diwtoken/
Twitter Page: https://twitter.com/diwtoken
Telegram group: https://t.me/diwtoken
This article was composed by bitcointalk user: Vocalwalls
Profile URL; https://bitcointalk.org/index.php?action=profile;u=1825008
wallet address: 0x4e643A7C0E494dd7463B5F10b7Bc5F7f8BA702CD